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people like collecting shit and vinyl's very suitable for that purpose: sounds good, looks good and looks spectacular in large quantities on the shelf and thus is great for showing off.
Cd isn't very sensible format when the same stuff is available online and sounds the same. Kinda kills the rarity factor too.
As cd sales continue to decrease, who knows, maybe in ten or twenty years you can't find a cd/dvd player because all information is purchased as downloads.
I'm fairly sure that there will be turntables for the fact that there will be several decades worth of archived stuff on vinyl.
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